Elrond ERD (ERD) Calculator
Elrond ERD (ERD) Calculator - This page helps you convert Elrond ERD (ERD). Elrond ERD (ERD) is currently traded at $0.019456.
Elrond ERD (ERD)
Quick Maths:
ERD | USD |
1 | 0.019456 |
2 | 0.038912 |
3 | 0.058368 |
4 | 0.077824 |
5 | 0.09728 |
6 | 0.116736 |
7 | 0.136192 |
8 | 0.155648 |
9 | 0.175104 |
10 | 0.19456 |
What is Elrond ERD (ERD)?
Elrond describes itself as a new blockchain architecture, designed to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two features: Adaptive State Sharding mechanism, and a Proof of Stake (PoS) algorithm, enabling linear scalability with a reportedly fast, efficient, and secure consensus mechanism. Thus, Elrond can reportedly process upwards of 10,000 transactions per second (TPS), with 5-second latency, and negligible cost. It aims to become the backbone of a permissionless, borderless, globally accessible internet economy.